PTR MINERALS LTD — Director's Dealing 2013

May 1, 2013

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity	PETRATHERM LTD
ABN	17 106 806 884

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Mr Terry Kallis
Date of last notice	th November82012

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(b)(i)Eleni Kallis (wife)(b)(ii) The Kallis Family Trust
Date of change	30th April2013
No. of securities held prior to change	Direct750,000 Unquoted Options exercisable at$0.37 expiring 30/4/2013360,640 Ordinary Fully Paid Shares90,160 Listed Options exercisable at $0.03expiring 2 November 2014Indirect(b)(i)500,000 Unquoted Options exercisableat $0.24 expiring 4 January 2015.(b)(i)500,000 Unquoted Options exercisableat $0.29 expiring 4 January 2015.(b)(ii)500,000 Unquoted Options exercisableat $0.13 expiring 2 March 2017.

+ See chapter 19 for defined terms.

Class	UnquotedOptions
Number acquired
Number disposed	750,000 UnquotedOptions
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	NIL
No. of securities held after change	Direct360,640 Ordinary Fully Paid Shares90,160 Listed Options exercisable at $0.03expiring 2 November 2014Indirect(b)(i)500,000Unquoted Options exercisableat $0.24 expiring 4 January 2015.(b)(i)500,000 Unquoted Options exercisableat $0.29 expiring 4 January 2015.(b)(ii)500,000 Unquoted Options exercisableat $0.13 expiring 2 March 2017.
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Expiryof Unquotedoptions.

Part 2 – Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract
Nature of interest
Name of registered holder(if issued securities)
Date of change

+ See chapter 19 for defined terms.

No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

Part 3 – +Closed period

Were the interests in the securities or contracts	No
detailed above traded during a +closed periodwhere prior written clearance was required?
If so, was prior written clearance provided to allowthe trade to proceed during this period?	Not applicable
If prior written clearance was provided, on whatdate was this provided?	Not applicable

+ See chapter 19 for defined terms.